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Optimizing Multi-Partner Billing Processes with a SIAM Framework

In the realm of collaborative ventures involving multiple partners, the Service Integration and Management (SIAM) framework emerges as a strategic ally for streamlining billing processes. This versatile framework accommodates a multi-layered organizational structure, allowing for the seamless allocation of diverse cost objects to different partners.

The organization of this billing process can take two main approaches:

  • Multi-Tenant Approach: Aligning cloud accounts with distinct tenants ensures that the billing for a specific tenant is directed to a designated partner.
  • Single Account with Multiple Partners: When a single account is shared among several partners, the infrastructure can be partitioned within a tenant using tags or based on the resource ownership concept.

Leveraging the flexibility of a SIAM framework empowers businesses to navigate the intricacies of multi-partner billing efficiently.

Constructing a Robust Cost Estimation Structure

Building a solid foundation for cost estimation involves understanding key price items, especially in diverse cloud environments. Consider the following approaches:

  • Public Cloud Providers:
  • Utilize native billing approaches and leverage budgeting APIs for accurate cost estimation.
  • Private Clouds:
  • Effectively calculate pricing by considering consumed capacities such as CPU, RAM, and Storage. This approach factors in hardware/software costs, datacenter maintenance, and related expenses.
  • Multi-Cloud Infrastructure:
  • Establish a centralized entry point for billing information across all clouds, ensuring consistency in displaying values representing critical categories:
  • Total cloud price
  • Total region price
  • Price per service/resource

By seamlessly integrating these practices, businesses can develop a comprehensive cost estimation structure that aligns with the intricacies of diverse cloud environments, optimizing financial transparency and efficiency in collaborative ventures.

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